Vol. 01 · Issue 04

The Smart Money — Weekly personal finance dispatches

Personal finance for people who want to be great with money — written by the friend who already is.

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Now openDesk 04 of 09

The Family Finance Desk.

College, insurance, aging parents, inheritance — the money conversations most families never quite have, until they have to.

The framework

Four conversations. Have them before you need to.

Family finance failures are almost never about arithmetic. They're about conversations that got postponed until a crisis made them urgent. Four conversations, had early, prevent most of it.

  1. 01

    The Defaults Audit

    Fixed costs are the enemy. Attack them once a year.

    Insurance, subscriptions, phone, internet, banking fees. Four-figure savings hiding in plain sight.

  2. 02

    The College Plan

    Decide what you'll fund before your kid decides where to apply.

    The honest answer is usually a number, not a school. Say the number out loud, ten years early.

  3. 03

    The Insurance Layer

    Term life, umbrella, disability — the boring policies nobody talks about.

    Insurance is a hedge against a specific event, not an investment. Buy accordingly.

  4. 04

    The Aging-Parents File

    The document that saves your family six figures and six months.

    Accounts, passwords, wishes, providers. Assembled in an afternoon. Priceless in a crisis.

The Desk Reads

What this desk keeps open in a tab.

Sources we track — not endorsements. The Smart Money reads widely and writes its own take. When a dispatch draws on one specifically, it's cited at the bottom.

Established sources

Rising voices

Primary & data sources

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